The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, June 24, 2010, to 12 companies to cease and desist from engaging in the unauthorized transaction...
Category: Florida Office of Insurance Regulation
On June 21, 2010, the Florida Office of Insurance Regulation (“OIR”) held a public hearing relating to the proposed reorganization of the Florida Retail Federation Self-Insurers Fund...
XL Re Becomes First Bermuda Reinsurer Eligible Under Florida’s New Reduced Collateral Requirements
June 21, 2010
XL Re Ltd has become the first Bermuda company approved by the Florida Office of Insurance Regulation to qualify as an “eligible reinsurer” under the State’s lower reinsurance collateral...
The Florida Office of Insurance Regulation (“OIR”) announced on June 16, 2010 that the First District Court of Appeal has affirmed the OIR’s right to review non-Florida related records for...
Hartford: 63 Percent Florida Rate Increase Needed for Actuarial Soundness; Only 25 Percent Requested
June 1, 2010
The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing today, June 1, 2010 on the recent homeowners insurance rate filing by the Hartford Insurance Company of the Midwest...
The Florida Office of Insurance Regulation (“OIR”) announced today, May 18, 2010, that it has ordered 16 workers’ compensation insurance companies to return a total of more than $9.4 million in...
Demotech President: Companies are Considered Individually Based on Reinsurance Program Presented
May 13, 2010
Demotech, Inc. President Joe Petrelli issued the following statement today, May 13, 2010: “I have been advised that the recent positions that Demotech has taken in specific situations are being interpreted as...
Florida Insurance Commissioner Asks Governor Crist to Consider Omnibus Property Insurance Bill
May 10, 2010
In a letter to Florida Governor Charlie Crist today, May 10, 2010, Florida Insurance Commissioner Kevin McCarty reiterated his support for SB 2044, the omnibus property insurance package. Saying that...
In a May 5, 2010 opinion, the Eleventh Circuit Court of Appeals affirmed the Florida Office of Insurance Regulation’s (“OIR’s”) right to review non-Florida-related records of viatical providers....
The regular business meeting of the Florida Health Insurance Advisory Board (“FHIAB”) on May 4, 2020 in the Orange County Commission Chamber, in Orlando, was devoted entirely to a briefing on the new...